New Delhi: State-owned Oil and Natural Gas Corporation reported a 3.1% rise in standalone net profit for the March-end quarter, supported by better crude price realisations.
The Delhi-headquartered explorer posted a net profit of ₹6,650 crore for Q4 FY26, compared with ₹6,448 crore in the same period last year.
Higher crude prices during the quarter helped offset other operational factors, the company said. ONGC is India’s largest crude oil and natural gas producer. Its quarterly results are closely watched as an indicator of upstream sector performance.
Full-year financials and operational metrics are expected in the company’s detailed filing.
